NextEra Energy, Inc. (NYSE:NEE) Stock Holdings Raised by Aviva PLC

Aviva PLC grew its stake in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 0.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,636,664 shares of the utilities provider's stock after buying an additional 6,831 shares during the period. Aviva PLC owned 0.08% of NextEra Energy worth $117,332,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Howard Capital Management Group LLC raised its position in shares of NextEra Energy by 1.8% in the third quarter. Howard Capital Management Group LLC now owns 299,215 shares of the utilities provider's stock valued at $25,293,000 after buying an additional 5,409 shares during the last quarter. Royal London Asset Management Ltd. raised its holdings in NextEra Energy by 11.7% in the 3rd quarter. Royal London Asset Management Ltd. now owns 798,757 shares of the utilities provider's stock valued at $67,519,000 after acquiring an additional 83,526 shares during the last quarter. Quarry LP acquired a new position in NextEra Energy in the 3rd quarter valued at $33,000. Texas Capital Bank Wealth Management Services Inc lifted its stake in shares of NextEra Energy by 0.6% during the 3rd quarter. Texas Capital Bank Wealth Management Services Inc now owns 117,619 shares of the utilities provider's stock worth $9,942,000 after purchasing an additional 668 shares during the period. Finally, Temasek Holdings Private Ltd acquired a new stake in shares of NextEra Energy during the third quarter worth $3,272,000. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

Several equities analysts recently weighed in on NEE shares. Guggenheim reiterated a "buy" rating and set a $89.00 target price on shares of NextEra Energy in a research report on Thursday, March 20th. Jefferies Financial Group cut their price objective on shares of NextEra Energy from $81.00 to $77.00 in a report on Monday, January 27th. BMO Capital Markets boosted their target price on shares of NextEra Energy from $82.00 to $84.00 in a report on Monday, January 27th. JPMorgan Chase & Co. upped their price target on shares of NextEra Energy from $90.00 to $91.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 11th. Finally, Evercore ISI decreased their price target on shares of NextEra Energy from $84.00 to $79.00 and set an "in-line" rating on the stock in a report on Monday, January 27th. Eight equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $85.92.

NextEra Energy Stock Down 1.5 %

Shares of NYSE:NEE traded down $1.02 during mid-day trading on Thursday, hitting $66.56. 5,807,428 shares of the company traded hands, compared to its average volume of 10,786,656. The firm's 50 day simple moving average is $70.06 and its 200 day simple moving average is $74.10. The firm has a market cap of $137.01 billion, a P/E ratio of 19.78, a PEG ratio of 2.45 and a beta of 0.58. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.38 and a current ratio of 0.47. NextEra Energy, Inc. has a 52-week low of $61.31 and a 52-week high of $86.10.

NextEra Energy (NYSE:NEE - Get Free Report) last posted its quarterly earnings data on Friday, January 24th. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.53. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. On average, equities analysts anticipate that NextEra Energy, Inc. will post 3.68 EPS for the current year.

NextEra Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Friday, February 28th were paid a dividend of $0.5665 per share. The ex-dividend date of this dividend was Friday, February 28th. This is an increase from NextEra Energy's previous quarterly dividend of $0.52. This represents a $2.27 annualized dividend and a dividend yield of 3.40%. NextEra Energy's dividend payout ratio (DPR) is currently 67.06%.

Insider Transactions at NextEra Energy

In other NextEra Energy news, CAO James Michael May sold 2,383 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $68.09, for a total transaction of $162,258.47. Following the completion of the sale, the chief accounting officer now owns 27,427 shares in the company, valued at $1,867,504.43. This trade represents a 7.99 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.18% of the company's stock.

NextEra Energy Profile

NextEra Energy, Inc, through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets.